Examining Employment

Domestic indexes posted strong results on Friday, May 4, as the latest labor report data lessened investors’ concerns about inflation and interest rates.  Nonetheless, stocks had mixed results last week.  The S&P 500 dropped 0.24% and the Dow gave back 0.20%, which marked both indexes 2nd week of losses in a row.  Thanks to a bounce in tech stocks, however, the NASDAQ gained 1.26%.  International stocks in the MSCI EAFE decreased by 0.57%.

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